Articles
Alternative Risk Transfer
While alternative capital is here to stay, the industry could well experience a significant reset in rates if cracks in reserves widen and this combines with a big catastrophe loss, says Weston Hicks, the president of Alleghany, who also explains to Intelligent Insurer why his business is ready to benefit from such a scenario. 29 March 2017
Insurance
ProTucket Insurance Company has been launched in the US for providing run-off portfolio transfer solutions, the first of its kind in the US, according to the company. 29 March 2017
Insurance
Global 2016 losses from disasters, both economic and insured, were the highest since 2012 and reversed the downtrend of the last four years, according to a new Swiss Re Sigma report. 28 March 2017
Insurance
Brokerage and risk management firm Integro Insurance Brokers has appointed Kevin Rabinowitz as head of placement strategy and carrier engagement for the firm's operations in North America and the UK. 28 March 2017
Insurance
Former Endurance CEO Ken LeStrange retired as the chairman of US-based Orchid Underwriters' board of directors, the company said. He will be replaced by Steven Carlsen, who was also a founding member of Bermuda-based Endurance Specialty Holding. 28 March 2017
Insurance
US insurance broker Risk Strategies has acquired Terrell Insurance to expand its Dallas operations, less than a year after entering the Texas market. 28 March 2017
Insurance
Aon Risk Solutions, the global risk management business of Aon, has appointed Jenna Pettinelli as vice president and property broker in the company’s Philadelphia, Pennsylvania office. 28 March 2017
Insurance
Canada-based life insurance company Sun Life Financial has made strategic changes to its executive team with effect from May 29, according to a statement. 28 March 2017
Insurance
New Zealand-based credit and financial risk re/insurer CBL Corporation is set to acquire US insurer Affirmative Direct Insurance Company for $5.7 million. 27 March 2017
Insurance
ESIS, the risk management solutions division of property/casualty insurer Chubb, has appointed Todd DeStefano as senior vice president to lead its professional liability business ESIS ProClaim. 24 March 2017
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